News

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Tue, 07 Feb 2017 08:14:55 GMT

Fujitsu shareholder to sell stake

Fujitsu's biggest share-holder will sell a large part of its shares in the company in a step to reduce the companies' cross-shareholdings.

Tue, 07 Feb 2017 07:27:05 GMT

Philippines' government claims peace talks with rebels still possible

Despite the Philippines' President ordering an „all-out war" on communist rebels, there is still hope that peace talks could end the conflict, the Defense Minister claimed on Tuesday.

Tue, 07 Feb 2017 07:26:55 GMT

Honda and Hitachi to make joint venture

Honda and Hitachi Automotive are planning to develop a joint venture with the purpose of making and producing petrol-electric hybrid motors and electric vehicles.

Tue, 07 Feb 2017 06:34:52 GMT

BNP Paribas profit to raise almost 50%

French bank BNP Paribas SA reported the net profit surged to €1.44B in Q4, from €665M a year ago. In turn, revenue showed growth 2% to €10.6B.

Tue, 07 Feb 2017 06:32:27 GMT

RBA keeps interest rates unchanged at 1.5%

The Reserve Bank of Australia has left interest rates unchanged at a record low 1.50% as expected Tuesday. The rate held at this level since August.

Tue, 07 Feb 2017 05:38:25 GMT

SpaceX to launch Falcon 9 every two-three weeks

SpaceX is planning to launch Falcon 9 rockets every two -three weeks, hitting its fastest launch rate since it first started production in 2010.

Tue, 07 Feb 2017 05:29:39 GMT

SK hynix to bid for 20% in Toshiba chip business

SK Hynix, one of the world's largest chipmaker, has submitted a bid to acquire 20% stake in Toshiba Corp's computer-chip business.

Mon, 06 Feb 2017 23:05:09 GMT

US required more missile defenses due to North Korea and Iran

On Monday, Mac Thornberry, the chairman of the House of Representatives Armed Services Committee, stated that the US should invest more into missile defense development, amid previous missile test from North Korea and recent ones from Iran.

Mon, 06 Feb 2017 22:54:04 GMT

White House certain about travel ban victory

On Monday, the White House Press Secretary Sean Spicer said that the president's administration is confident about prevailing in a legal 'combat' on the matter of Donald Trump's travel ban.

Mon, 06 Feb 2017 21:03:48 GMT

EU to block Poland's voting rights

The EU could block Polish voting rights until the country agrees to follow the regulations of law, stated the EC Vice President Katainen.

Mon, 06 Feb 2017 21:03:29 GMT

Brazil's inflation falls in January

Brazil's inflation dropped to the lowest 12 months rate since 2012 in January, reaching 5.41%, forcing the central bank to cut the interest rate. 

Mon, 06 Feb 2017 20:03:20 GMT

US loan conditions are unchanged

The US banks in quarterly survey reported that lending standards were stable during the last quarter of 2016, while business loans faced looser terms. 

Mon, 06 Feb 2017 20:03:12 GMT

Social networks to fight fake news

Google and Facebook will cooperate with agencies like AFP and other news channels, in order to fight fake news related to France's presidential election.

Mon, 06 Feb 2017 18:55:03 GMT

UniCredit starts share sale to raise $14B

Italy's largest bank UniCredit has begun the country's biggest corporate stock sale in order to raise as much as $14B to rebuild the capital.

Mon, 06 Feb 2017 18:54:43 GMT

Trump refugee ban faces another court hurdle

On Monday, the temporary refugee ban imposed by the US President Donald Trump faced another court hurdle that is expected to find out whether the order can be pushed through.

Mon, 06 Feb 2017 18:08:54 GMT

Avdiyivka gets back to life after week-long shelling

Having suffered one of the most violent shellings in months, the frontline town Avdiyivka in Ukraine got back to life, as water and power supplies were restored.

Mon, 06 Feb 2017 18:08:11 GMT

EU regulators set to decide on Siemens-Gamesa deal by mid-March

Antitrust regulators from the European Union are set to decide on the approval of Siemens and Gamesa's plan to create the largest wind generator maker by March 13.

Mon, 06 Feb 2017 16:58:15 GMT

Brexit to happen despite pro-EU lawmakers' pressure

Theresa May's spokesperson stated that pro-EU lawmakers would not prevent Britain from divorcing the EU. Still, the UK parliament will vote on the ultimate deal.

Mon, 06 Feb 2017 16:56:59 GMT

Israeli PM urges Britain to join new sanctions against Iran

In a meeting with Theresa May on Monday, the Israeli PM Netanyahu called on Britain to follow the imposition of new Iran sanctions after the country had tested a ballistic missile.

Mon, 06 Feb 2017 16:16:00 GMT

Russian top envoy says US-Russian ministerial relations must be mended

Sergei Ryabkov, the Russian Deputy Minister of Foreign Affairs, stated that restoration of inter-ministerial relations between the two countries was crucial in the current situation.

Mon, 06 Feb 2017 16:15:16 GMT

Merkel nominated as conservatives' Chancellor candidate

On Monday, the two conservative parties of Germany, the CDU and the CSU, confirmed they had picked Angela Merkel to run for chancellor in 2017 federal election.

Mon, 06 Feb 2017 16:06:27 GMT

Kremlin to disagree with Trump position over Iran

The Kremlin expressed its disagreement with Donald Trump over his Iran evaluation as Russia maintains a co-operative association with Tehran.

Mon, 06 Feb 2017 14:12:04 GMT

Afghan avalanches death toll rises to 119

119 people confirmed to be dead and 89 more injured amid the avalanches that hit 22 Afghanistan provinces on Sunday.

Mon, 06 Feb 2017 13:55:30 GMT

Czech Republic to cull out 20K poultry

On the back of the bird flu strain spread across the Europe, the Czech government required to cull out about 20K of ducks and other domestic fowl.

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